Shipping News

By Bloomberg News (Bloomberg) — New orders received by Chinese shipbuilders fell by nearly half last year from 2014, suggesting more consolidation is in

By Jonathan Tirone (Bloomberg) — After a decade of unprecedented economic sanctions, Iran is about to be back in business. The Islamic Republic curbed

DUBAI, Jan 17 (Reuters) – National Shipping Company of Saudi Arabia (Bahri) reported a huge jump in fourth-quarter net profit on Sunday, citing a rise in

Royal IHC has launched the 550-ton top tension capacity pipelay vessel, Seven Cruzeiro, at its shipyard in Krimpen aan den IJssel, Netherlands. This is the

Seadrill Ltd. has emerged as the client who agreed to postpone delivery of two ultra-deepwater drillships under construction at the South

The Port of Rotterdam saw record growth in cargo volume in 2015. Goods throughput in Rotterdam increased by a total of 4.9% to 466.4 million tonnes in 2015,

By Mari Saito SAN FRANCISCO, Jan 14 (Reuters) – Amazon.com Inc’s China arm has registered as an ocean freight forwarder, according to the U.S.

By Anna Shiryaevskaya (Bloomberg) — Europe is set to be the key destination for liquefied natural gas supplies from the U.S. after prices fell in Asia,

By Henning Gloystein SINGAPORE, Jan 15 (Reuters) – With Iran ready to resume business as usual with the world under a historic nuclear deal, Tehran will

Jan 15 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, touched a record low

By Tony Capaccio (Bloomberg) — The U.S. Navy is spending millions of dollars to repair new high-speed transport ships built by Austal Ltd. because their

By Caroline Stauffer and Reese Ewing SAO PAULO, Jan 14 (Reuters) – Up to a dozen containers carrying chemicals caught fire at a terminal at

A third towboat has allided with the Vicksburg Railroad Bridge in as many days as floodwaters continue to impact shipping on the Mississippi

Five remaining crew members have been removed from the Australian bulk carrier MV Portland in south-eastern Australia in what maritime unions are describing as

Subtropical storm Alex has strengthened into a hurricane, becoming the first January hurricane to form in the Atlantic since 1938, the U.S. National Hurricane

Christine Buurma and Harry R. Weber (Bloomberg) — Cheniere Energy Inc. said its first cargo of liquefied natural gas from its new Louisiana export

By Jonathan Saul and Jacob Gronholt-Pedersen LONDON/SINGAPORE, Jan 15 (Reuters) – China’s growing military presence in the South China Sea has

A new deepwater construction vessel formerly owned by Sea Trucks Group has been arrested in Singapore over a dispute with a local shipyard. The vessel arrested

Update (Jan 14) – The Baltic Dry Index fell for a seventh straight day Thursday, down 11 points, or 2.79 percent, at 383 points. The capesize, panamax

By Tim Loh (Bloomberg) — The threat of flooding is subsiding across the lower Mississippi River region just two weeks after high waters devastated parts